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$2,900

2609 Monarch Dr, Austin, TX, 78748

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,975 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Gas Range, Range, Free-Standing Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,037 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04282309020000
Lot Number2
SubdivisionTanglewood Forest Sec 2 Phs A
Land UseResidential
Legal DescriptionLOT 2 BLK D TANGLEWOOD FOREST SEC 2 PHS A
Census Tract031800
Assessed Land Value$290,303
Assessed Improvement Value$161,856
Assessment Year2025

About this property

Now available for lease in South Austin's Tanglewood Forest, this 3-bedroom, 2.5-bathroom home offers 1,975 sq ft of recently updated living. Built in 1983 and thoughtfully refreshed, this Austin rental features a desirable two-story floorplan with the primary suite on the main level. The two-story great room anchors the home with vaulted beamed ceilings, clerestory windows, and a painted limestone fireplace. The kitchen includes sage green cabinets, quartz countertops, a marble backsplash, open shelving, and a gas range. The primary suite features two walk-in closets, a double vanity, a soaking tub, and a tiled shower with a privacy window. Upstairs offers two additional bedrooms and a shared full bath. Out back, a long wooden deck overlooks the fenced yard, shaded by mature pecan and oak. All appliances stay. Two-car attached garage. Schools: Kocurek/Bailey/Akins (AISD).

Investor Tools

$370,742Estimated Mortgage Balance
$124,987Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Blake Foote

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,727
$452,159
2025
$290,303
$161,856
$452,159
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,727
$452,159

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$411,500
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,742
$144,258
28%
75%
$2,468/mo

City: Austin